Miners association rejects transparency initiative report

The Guyana Gold and Dia-mond Miners Association (GGDMA) on Saturday rejected the recently-published Guyana-Extractive Industries Transparency Initiative (GY-EITI) report, calling it “largely inaccurate and uninformed” about the small and medium scale gold and diamond mining industry.

Among its criticisms is the claim that the GY-EITI, by demanding disclosures of ownership, valuations and profits, in a manner that it says is “outside of the law,” will expose local miners to further targeting by criminals, as it would create “an easy ledger” for bandits “to carve up” local operators.